Bangalore, Karnataka, India, Thursday, April 27, 2006 —- Wipro
Technologies, the global IT services business of Wipro Limited
(NYSE:WIT) has been rated as the top Indian outsourcing firm in the
Global Outsourcing 100 rankings conducted by The International
Association of Outsourcing Professionals. This is an independent
global survey, the results of which were released recently in Fortune
magazine.

The list includes some of the largest IT companies worldwide and Wipro
Technologies has been ranked 7th and is the only Indian company in the
top 10. The panel of judges comprised outsourcing industry experts
including Chris Disher, Vice President and head of outsourcing
advisory services, Booze Allen Hamilton, David Barett, advisor on
outsourcing and partner at Simmons & Simmons, Michael F Corbett,
Executive Director, IAOP, Deborah Kops, Managing Director of global
sourcing transformation, Deutsche Bank, Lisa Ross, CEO of FAO Research
and Atul Vashistha, CEO of neoIT.

The ranking of companies was done based on revenue growth, number of
employees, the skills and training of their workforce, the number of
technical and business certifications they have secured, the track
record of the management team and the quality of customer service.